Common Contracts

2 similar Phantom Unit Award Agreement contracts by Phoenix Capital Group Holdings, LLC, Phoenix Energy One, LLC

PHOENIX EQUITY HOLDINGS, LLC PHANTOM UNIT AWARD AGREEMENT
Phantom Unit Award Agreement • April 1st, 2025 • Phoenix Energy One, LLC • Crude petroleum & natural gas

Phoenix Equity Holdings, LLC (the “Company”) hereby grants to [ ] (the “Participant”) the following award of Phantom Units (the “Phantom Unit Award”). The Phantom Unit Award represents the right to receive certain cash payments from the Company or one of its Subsidiaries or Affiliates in the amounts and at the times specified in this Phantom Unit Award Agreement (this “Agreement”), pursuant and subject to the terms and conditions of this Phantom Unit Award Agreement and the Phoenix Equity Holdings, LLC 2024 Long-Term Incentive Plan (the “Plan”), the terms and conditions of which are hereby incorporated into this Agreement by reference. In the event of any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall control. Except as otherwise expressly provided herein, all capitalized terms used in this Agreement, but not defined, shall have the meanings provided in the Plan.

PHOENIX EQUITY HOLDINGS, LLC PHANTOM UNIT AWARD AGREEMENT
Phantom Unit Award Agreement • December 30th, 2024 • Phoenix Capital Group Holdings, LLC • Crude petroleum & natural gas

Phoenix Equity Holdings, LLC (the “Company”) hereby grants to [ ] (the “Participant”) the following award of Phantom Units (the “Phantom Unit Award”). The Phantom Unit Award represents the right to receive certain cash payments from the Company or one of its Subsidiaries or Affiliates in the amounts and at the times specified in this Phantom Unit Award Agreement (this “Agreement”), pursuant and subject to the terms and conditions of this Phantom Unit Award Agreement and the Phoenix Equity Holdings, LLC 2024 Long-Term Incentive Plan (the “Plan”), the terms and conditions of which are hereby incorporated into this Agreement by reference. In the event of any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall control. Except as otherwise expressly provided herein, all capitalized terms used in this Agreement, but not defined, shall have the meanings provided in the Plan.